All Mergers and acquisitions articles – Page 50
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News
Scan-Trans Worldwide increases cargo capacity with ex-Beluga ships
August 22 - Danish shipping company Scan-Trans Worldwide is taking over commercial management of six ships from the former Beluga Shipping.
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Festival gets a big lift
August 18 - A Terex AC 350/6 all terrain crane has been used by UK company, King Lifting Ltd to lift and place a footbridge for the Reading Festival in Berkshire, UK.
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Konecranes completes Indian crane acquisition
August 11 - Further to our report on February 21, Konecranes has now completed the second phase of its acquisition of WMI Cranes Ltd increasing its ownership from 51 to 100 percent.
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Deep-water jack-up rig to start journey to new Bentley field
August 2 - A deep-water jack-up rig vital for the development of the Bentley oil discovery located in Block 9/3b in the North Sea, 160 km east of Shetland Isles on the western edge of the Viking Graben, has been delivered on time by the Keppel FELS shipya
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Octogenarian Otto blows out his birthday candles
August 1 - German industrialist Otto Rettenmaier who has, since the 1950s built a number of industrial companies, including the heavy-duty and special vehicles manufacturer the TII Group, has celebrated his 85th birthday.
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Toll Group buys German forwarder
July 29 - Toll Group is expanding its global forwarding business with the purchase of German ocean forwarder Andree & Wilkerling (AWG). Toll says that AWG
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Two into one will go as ports of Rotterdam and Dordrecht join forces
July 22 - The ports of Rotterdam and Dordrecht, a few kilometres to the rear of the Dutch gateway, have become one single port in terms of nautical management and commercial activity from the beginning of July.
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Hochtief has new partner for construction and operation of special-purpose
July 11 - Further to our report of June 10, Hochtief has a new partner for the construction and operation of offshore special-purpose jack-up vessels.
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Gosselin announces name changes for group companies
July 8 - Antwerp Rapid Transit Team nv (A.R.T. N.V.) and Focus Transport Services N.V. (Focus N.V.) which have been part of the Antwerp, Belgian-based Gosselin Group for some time, have been renamed Gosselin Forwarding Services nv and Gosselin Transport S
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Terex acquires enough shares to takeover Demag Cranes
July 7 - Further to our news item of June 22, the Terex Corporation has announced that the minimum acceptance level of 51 percent for the voluntary public tender offer by Terex Industrial Holding AG to all shareholders of Demag Cranes AG at EUR45.50 (USD6
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Demag Cranes' board recommends latest Terex offer
June 22 - The management and supervisory boards of Demag Cranes AG has recommended that its shareholders accept a revised takeover offer from Terex Corporation that includes an increased share price offer and safeguards employee jobs, existing sites and D
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Imperial Reederei takes over BARIS
June 22 - Effective July 1, 2011 Imperial Reederei GmbH will be the exclusive shareholder of BARIS Schifffahrtsgesellschaft mbH, with the company operating as Imperial BARIS GmbH from that date with its head office in Berlin and a branch office in Duisbur
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Osusky named EVP of BDP's board of directors
June 21 - BDP International has named Frank P. Osusky executive vice president of its board of directors.
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OIG boosted by half a billion investment
June 17 - The Harren & Partner Group and Goldman Sachs Capital Partners (GSCP) have invested USD500 million in Singapore-based OIG Offshore Installation Group to provide the financing for the company's strategic growth and the acquisition of additional ve
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Sarens remains tight-lipped on investment rumours
June 10 - The Sarens Group, one of the world's leading multifunction heavy lift and transport companies, remains tight-lipped over recent reports in the Belgian media which suggest that it could be a potential target for investment groups.
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Qatar Airways buys into Cargolux
June 9 - Cargolux has entered into a strategic partnership with Doha-based Qatar Airways. The deal includes the acquisition by Qatar Airways of a 35 percent stake in Cargolux and a commercial cooperation.
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Terra firma provides business for Plate Logistics
June 2 - Buenos Aires-based project forwarder Plate Logistics has undertaken a number of contracts that highlight the importance of underground exploration to the project cargo sector.
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Vancouver, USA secures funds for port improvements
May 20 - The Port of Vancouver, USA is to receive a USD800,000 loan from the Washington State Community Economic Development Revitalization Board to improve port facilities.
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UK liner agency enters into administration
May 20 - Long-established UK liner shipping agency Johnson Stevens Agencies has entered into administration with the administrators, accountancy firm PKF, already agreeing deals shipping industry entrepreneur, Andrew Thorne to acquire certain assets from
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Steil strengthens fleet with Nooteboom acquisitions
May 17 - Trier, Germany-based crane operator Steil Kranarbeiten has acquired mobile ancillary crane equipment from Dutch manufacturer Nooteboom.